Faisal Islamic Bank of Egypt recorded 180.9% year-on-year (YoY) higher consolidated net profits after tax non-controlling interest at EGP 12.441 billion in 2024

Faisal Islamic Bank of Egypt’s (FAIT) standalone net profits after tax interest climbed 189.37% year on year (YoY) in 2024 to EGP 11.739 billion, compared to EGP 4.056 billion.

Faisal Islamic Bank of Egypt (FAIT) reported a 139.5% year-on-year (YoY) surge in net profit for the first nine months of 2024.

Faisal Islamic Bank of Egypt (FAIT) reported a 1.1% year-on-year (YoY) uptick in business volume at the end of August 2024, hitting EGP 225.803 billion, compared to EGP 223.271 billion.

Faisal Islamic Bank’s consolidated net profits after tax and non-controlling interest surged by 136.4% year on year (YoY) in the first half (H1) of 2024 to EGP 6.957 billion, compared to EGP 2.943 billion.

Faisal Islamic Bank of Egypt (FAIT) reported a 29% year-on-year (YoY) increase in business volume at the end of July 2024, hitting EGP 225.120 billion, compared to EGP 174.456 billion, the bank stated.

Faisal Islamic Bank of Egypt (FAIT) reported a 27.5% year-on-year (YoY) increase in business volume at the end of June 2024, hitting EGP 219.545 billion, compared to EGP 172.221 billion.

Faisal Islamic Bank’s standalone net profits after tax rose 142.5% year on year (YoY) in the first half (H1) of 2024 to EGP 6.552 billion, compared to EGP 2.702 billion.

Faisal Islamic Bank of Egypt (FAIT) posted a 31.1% year-on-year (YoY) increase in business volume at the end of April 2024, recording EGP 224.663 billion, compared to EGP 171.349 billion.

Faisal Islamic Bank’s consolidated net profits after tax soared 180.6% year on year (YoY) in the first quarter (Q1) of 2024 to EGP 6.166 billion, compared to EGP 2.197 billion.

Faisal Islamic Bank’s standalone net profits after tax climbed 179% year on year (YoY) in the first quarter (Q1) of 2024 to EGP 6.002 billion, compared to EGP 2.15 billion, according to the bank's financial indicators released on April 16th.

Faisal Islamic Bank of Egypt (FAIT) posted a 5.8% year-on-year (YoY) increase in business volume at the end of February 2024.

Faisal Islamic Bank will distribute cash dividends of EGP 1.853 per share as well as of $0.06 per share to shareholders for 2023 as of March 28th.

Faisal Islamic Bank of Egypt’s (FAIT) consolidated net profits after tax and non-controlling interest dropped 6.9% year on year (YoY) in 2023 to EGP 4.429 billion, compared to EGP 4.757 billion.

Faisal Islamic Bank of Egypt’s (FAIT) standalone net profit dropped 9.35% year-on-year (YoY) for the period ended December 30th, 2023.

Faisal Islamic Bank of Egypt (FAIT) posted a 16.6 % year-on-year (YoY) increase in business volume at the end of December 2023.

Faisal Islamic Bank of Egypt (FAIT) posted a 9.3% year-on-year (YoY) decline in standalone profit after tax in 2023

Faisal Islamic Bank of Egypt (FAIT) reported a 4.6% year-on-year (YoY) increase in business volume at the end of November 2023.

Faisal Islamic Bank of Egypt (FAIT) reported a 2.3% year-on-year (YoY) increase in business volume at the end of October 2023.

Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services per Islamic Sharia principles through its head office and 27 branches across the country.